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Inventory Accountant

Thrasio

Thrasio

Accounting & Finance
Philippines
Posted on Thursday, December 21, 2023
Wild Thinkers Welcome
Thrasio is a next-generation consumer goods company reimagining how the world’s most-loved products become accessible to everyone. We acquire quality brands and use world-class expertise and data science to make existing products better or create new ones to meet customer needs.
We’ve got huge goals, and every Thrasher plays an integral part in getting us there. That’s why we only bring on people who think positively. Who look out for the team. Who tell their egos to take a hike while they get the job done right.
From the moment you become a Thrasher, we give you the freedom you need to take big swings and push what’s possible to get us there. And if you fail, it’s cool—we know you’ll grow spectacularly. What matters is that you’re helping impact millions of people around the world who use our products everyday.
Because with every new spatula or pillow brand we grow, with every kitchen scale we develop, our goal is to provide people everywhere with what they need to make the most of every moment - ensuring that what gets delivered to their door delivers.
The Role:
The Inventory Accountant will be pivotal in managing the cost for the current portfolio of products, newly acquired brands, and new cost reduction initiatives. Also, this role will oversee the inventory measurement 3rd Party Locations.

Responsibilities:

  • Create a Purchase order for non-product/inventory items in the NetSuite system.
  • Receiving stocks (inventory and non-inventory) in the system.
  • Planning, Studying, and collecting data to determine business activity costs such as purchases, freight, and Duties
  • Maintain complete supporting documents per non-inventory Vendor invoices.
  • To ensure timely product allocation of related costs like freight, duty, inspection, and additional related product costs.
  • Analyzing data collected and recording results.
  • Monitor and report cost variances (vs. standard costs) with proper recommendations and adjustments.
  • Reconcile quarterly physical inventory.
  • Measure the physical inventory of newly acquired companies.
  • Maintain friendly and professional communication with Supply Chain, Accounts Payable, and Vendors regarding invoice inquiries.
  • Help in sustaining the levels of inventory and availability
  • Warehouse GL analysis, accruals, and posting of GL entries in NetSuite.
  • Liaise with internal & external auditors as required.
  • To ensure that SOP documentation is updated.

What You Bring to the Party:

  • Bachelor’s degree in Accountancy. Preferably CPA but not required.
  • At least a minimum of 5 years of Work experience as an Accountant, 2 years of Experience in US Accountancy.
  • 3+ years of operations experience preferably in a Retailing, Supply Chain, or FMCG environment.
  • Inventory knowledge is needed.
  • Strong written and verbal communication skills.
  • Self-starter with excellent analytical, organization, and multitasking skills
  • Problem-solving skills, detailed oriented, and organized.
  • Knowledgeable in GAAP and IFRS.
  • Advanced knowledge of Microsoft Office and Search engines.
  • Experience with NetSuite or comparable systems preferred.
  • Willing to work on a Fixed Night Shift.
  • Willing to work in a Work from Home set-up
What We Offer:
- The chance to be part of a next-gen consumer goods company that is changing the industry
- A collaborative work environment where cross-functional teams work together to solve problems and achieve common goals
- The opportunity to build together with a talented, diverse and passionate team, and the innovative technology to enable us
- We promote a "none punch in or out" work environment that allows employees to manage their schedules effectively, and maintain a healthy balance
- Competitive salary and benefits package, tremendous on the job learning opportunities.
The freedom to "be bold", have a voice within the company and take on opportunities with less red tape
Our Commitments:
Thrasio values diversity, equity, and inclusion and is proud to be an equal opportunity employer. We welcome individuals from all backgrounds and consider all qualified applicants without regard to race, color, religion, sex, gender, sexual orientation, gender identity, ancestry, age, national origin, disability, protected veteran status and any other category protected by applicable law. We strive to create an environment where everyone can thrive. We encourage applicants who meet the minimum criteria to apply, as we believe in the power of diverse perspectives and challenging assumptions.
Diversity:
At Thrasio, we are committed to building a great company - a place I want to work at, a place I can build, a place I can belong. Our goal is to build a diverse, equitable, and inclusive environment that fuels success and growth in the workplace and beyond. We are also committed to recruiting and hiring a diverse team at all levels through fair and unbiased recruitment and hiring practices. Providing diversity-related demographic information during the application process helps us measure our progress towards these goals.